M&A Deal Summary

Lindab Acquires Airmaster

On January 19, 2024, Lindab acquired building materials company Airmaster

Acquisition Highlights
  • This is Lindab’s 1st transaction in the Building Materials sector.
  • This is Lindab’s 1st transaction in Denmark.

M&A Deal Summary
Date 2024-01-19
Target Airmaster
Sector Building Materials
Buyer(s) Lindab
Deal Type Add-on Acquisition

Target

Airmaster

Aars, Denmark
website
Airmaster is a Danish manufacturer of products for decentralized ventilation. The company has 120.000 installed units in industrial, commercial, and public buildings across the globe. Airmaster was formed in 1991 and is based in Aars, Denmark.

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Buyer(S) 1

Buyer

Lindab

Båstad, Sweden

website

Category Company
Sector Building Materials
Revenue 12.4B SEK (2022)
DESCRIPTION

Lindab is a ventilation company that develops, manufactures, markets, and distributes products and systems for energy-efficient ventilation and a healthy indoor climate. The products are characterized by high quality, ease of installation, and environmental thinking. Lindab is based in Båstad, Sweden.

DEAL STATS #
Overall 6 of 7
Sector (Building Materials) 1 of 1
Type (Add-on Acquisition) 6 of 7
Country (Denmark) 1 of 1
Year (2024) 3 of 4
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2024-01-02 Vicon

Bohemia, New York, United States

Vicon is a producer of a wide range of machines for manufacturing of rectangular ventilation ducts. Vicon is based in Bohemia, New York.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2024-03-13 TGA KlimaPartner

Ritterhude, Germany

TGA KlimaPartner is a distributor of ventilation and indoor climate products. TGA KlimaPartner is based in Germany.

Buy -
Mergr

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